Sec. 2A203.
The affixing of a seal to a writing evidencing a lease contract or an offer to enter into a lease contract does not render the writing a sealed instrument and the law with respect to sealed instruments does not apply to the lease contract or offer.
History: Add. 1992, Act 101, Eff. Sept. 30, 1992
Structure Michigan Compiled Laws
Chapter 440 - Uniform Commercial Code
Act 174 of 1962 - Uniform Commercial Code (440.1101 - 440.11102)
Article 2A - Leases (440.2801...440.2982)
174-1962-2A-2 - Part 2 Formation and Construction of Lease Contract (440.2851...440.2871)
Section 440.2852 - Final Written Expression; Parol or Extrinsic Evidence.
Section 440.2853 - Effect of Seal Affixed to Writing.
Section 440.2854 - Lease Contract; Sufficiency to Show Agreement; Conduct; Open Terms.
Section 440.2855 - Firm Offer; Assurances to Hold Offer Open.
Section 440.2856 - Offer to Make Lease Contract; Manner of Acceptance; Lapse.
Section 440.2857 - Repealed. 2012, Act 86, Eff. July 1, 2013.
Section 440.2858 - Lease Agreement; Modification or Rescission; Waiver; Retraction.
Section 440.2860 - Express Warranties; Creation.
Section 440.2862 - Implied Warranty of Merchantability; Other Implied Warranties.
Section 440.2863 - Implied Warranty of Fitness for a Particular Purpose.
Section 440.2865 - Inconsistent Warranties; Intent; Rules of Construction.
Section 440.2867 - Lease Contract; Identification of Goods; Absence of Explicit Agreement.
Section 440.2868 - Lease Contract; Insurable Interest in Goods.
Section 440.2869 - Risk of Loss; Passage to Lessee.
Section 440.2870 - Risk of Loss; Repudiation; Default.
Section 440.2871 - Casualty to Identified Goods Before Delivery or Risk of Loss Passes.